Dynacq Healthcare Inc (DYII) Roars to Over $7 after Earnings Announcement
Shares of Dynacq Healthcare Inc. (Nasdaq: DYII) skyrocketed today after its earnings release surfaced. In mid-day trading, DYII was up $4.35 (176 percent) to $6.81 per share on volume of just over 1.4 million shares. If the positive movement holds, DYII will eclipse its current 52-week high of $3.50 per share.DYII reported financial results for the third fiscal quarter ended May 31, 2007. For the fiscal quarter ended May 31, 2007, the company had income from continuing operations of 16 cents per share compared to a loss from continuing operations of 3 cents per share in 2006's third quarter. Net…